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This dramatic situation requires Big Pharma executives to envision responses that go well beyond simply tinkering with the cost base or falling back on mergers and acquisitions,‚ the McKinsey report advised. Despite total global 2010 drug sales of 856 billion, generid pharmaceutical industry is distressed, given that the industry has not produced a fentanyl patches cost generic viagra drug over the past years. New drugs are just improved copies of existing drugs. Drug development history suggests that out of 10,000 drugs under development only one or two will hit the market big time, and that each one will take between 10 generiv 15 years to be developed. Although development costs are hard to assess, suggestions are that it costs more than 1 billion to develop a new drug. In 2011, there were around 3,000 medicines being tested in clinical trials andor awaiting Food and Drug Administration evaluation. Most importantly, the industry is facing the expiration of a large portion of patents, such as Plavix (Bristol-Myers Squibb) and Zyprexa (Eli Lilly amp; Co. ), resulting in the loss of revenue-producing income. Generic drug manufacturers are lurking around the corner and probably already have cheaper generic can your doctor prescribe you viagra generic waiting, which will be sold the day the patents expire.

Yet very few on here have the kahunas to bow to the great one in front of Co-WB‚s. Once in a while, a random email pops into the inbox, thanks SM.

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The Boston Globe hosts 28 blogs covering a variety of topics including Boston sports, local politics, on April 2,2009, The New York Times Company threatened to close the paper if its unions did not agree to 20,000,000 of cost savings. Some of the cost savings include reducing union employees pay by 5, ending pension contributions, the Boston Globe eliminated the equivalent of fifty full-time jobs, among buy-outs and layoffs, it swept out most of the part-time employees in the editorial sections. The papers other three major unions had agreed to concessions on May 3,2009, after The New York Times Company threatened to give the government 60-days notice that it intended to close the paper. HipHopDX ‚ HipHopDX is an online magazine of hip hop music criticism and news.]